PI Industries Q1 profit falls 39% as agrochemical sales weaken, pharma business stays in loss
Revenue declined 10% and operating margin narrowed sharply to 21.6%, though both sales and profit improved from the March quarter.
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Earnings Central: MRF, Zydus feel the margin heat; RVNL, Manappuram emerge stronger
Tuesday’s earnings brought a mixed bag, with MRF and Zydus Lifesciences facing margin pressure, while RVNL, NBCC and Manappuram Finance delivered stronger operating performances. Meanwhile, management commentary from TVS Supply Chain, RateGain and Embassy Developments pointed to a positive growth…
Nifty 50 CEO pay hits ₹1,443 crore in FY26, average remuneration rises 15%
HCL Tech’s C Vijayakumar and L&T’s SN Subrahmanyan crossed ₹100 crore in annual pay, while SBI’s chief was the lowest-paid among Nifty 50 CEOs.
FIIs buy Indian stocks for third straight day; DIIs return as buyers as Sensex falls 388 points
Foreign investors bought a net ₹259 crore of equities on Tuesday, while domestic institutions turned buyers after selling ₹1,290 crore in the previous session.
Market Pulse: Key triggers to watch before the August 12 trading session
Indian investors will track developments around the US-Iran talks, after Pakistan Defence Minister Khawaja Asif said that “things are shaping up again in favor of a peace arrangement”. US markets were largely flat amid uncertainty over a possible agreement, while…
Insecticides India Q1 profit falls 24% as weak rainfall hurts sales
Revenue declined 12% to ₹612 crore in the June quarter, although the agrochemical maker managed to improve its gross margin through higher pricing.
Manappuram Finance Q1 net profit zooms over 4x on higher NII; ₹1 dividend declared
Shares of Manappuram Finance Ltd ended at ₹367.50, up by ₹0.50, or 0.14%, on the BSE.
RHI Magnesita India Q1 profit jumps 83% as margins improve despite higher costs
Revenue grew just 6%, but operating profit rose 35% as the refractory maker recovered higher input costs and lifted its EBITDA margin to 13.6%.
Rupee falls 13 paise to settle at 95.43 against US dollar
The rupee declined 13 paise to settle at 95.43 (provisional) against the US dollar on Tuesday, tracking a sharp rise in global crude oil prices amid geopolitical uncertainties.
JSW Dulux Q1 net profit falls 12% as gross margin takes a hit; approves 1:10 stock split
Shares of JSW Dulux Ltd ended at ₹3,150.00, up by ₹93.50, or 3.06%, on the BSE.